Quick: What potential policy maneuver is a major presidential candidate calling "almost treasonous"? Is it a) going to war without explicit authorization from Congress, b) doing nothing about the 15 million unemployed even as their temporary joblessness hardens into a structural disadvantage, or c) purchasing long-term Treasury debt in order to push interest rates down?
If you guessed "purchasing long-term Treasury debt in order to push interest rates down," you got it. While campaigning in Iowa, Texas Governor Rick Perry gave his take on Ben Bernanke and the potential for a third round of quantitative easing. "If this guy prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion."

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The more I read about Governor Perry, the more I think that the only Perry I would vote for would be Perry the Platypus from Phineas and Ferb. Texas is in such disastrously poor shape by almost every measure. The guy is somewhere to the right of Michelle Bachmann, and that takes a lot of work. No wonder the right-wing blogosphere is waking up with sticky sheets!
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